Deutsche Bank comprises five corporate divisions: Corporate Banking & Securities (CB&S), Global Transaction Banking (GTB), Asset & Wealth Management (AWM), Private & Business Clients (PBC) and the Non-Core Operations Unit (NCOU).
Corporate Banking & Securities
CB&S consists of the Markets and Corporate Finance Business Divisions. The Markets Business Division combines the sales, trading and structuring of a wide range of financial market products, including bonds, equities and equity-linked products, exchange-traded and over-the-counter derivatives, foreign exchange, money market instruments, securitized instruments and commodities.
Corporate Finance is responsible for mergers and acquisitions, including advisory, debt and equity issuance, as well as capital markets coverage of large and medium- sized corporations. Regional and industry-focused teams ensure the delivery of the entire range of financial products and services.
Global Transaction Banking
GTB serves corporate clients and financial institutions across the globe. Its products and services include domestic and cross-border payments, risk mitigation and international trade finance. GTB also provides trust, agency, depositary, custody and related services.
Asset & Wealth Management
In 2012, Deutsche Bank recalibrated its Asset & Wealth Management (AWM) Corporate Division. AWM comprises the former Asset Management (AM) and Private Wealth Management (PWM) Business Divisions as well as the former passive fund management and third-party alternative assets business activities, which were transferred from CB&S to AWM at the end of 2012.
Offering a wide range of traditional and alternative investment products, AWM helps private and institutional investors to secure and increase their wealth. AWM also offers tailored wealth management products and services to ultra high net worth individuals and families.
Private & Business Clients
The Private & Business Clients (PBC) Corporate Division provides a broad range of banking services to private individuals, self-employed clients as well as small and medium-sized businesses. These services include current accounts, deposits, loans, investment management and pension products.
Outside of Germany, PBC has longstanding operations in Italy, Spain, Belgium and Portugal and has also been active in Poland, China and India for several years.
Non-Core Operations Unit
The Non-Core Operations Unit (NCOU) was established in the fourth quarter of 2012. It bundles assets and liabilities not related to Deutsche Bank’s core strategy with a view to accelerating the de-risking process. This will be achieved by coordinating the disposal of these assets across the bank. This will allow management to focus on strategic operations and, at the same time, also increases the transparency of external reporting.
The central infrastructure departments support the Management Board in performing its executive duties through their strategy, risk management and control functions. Most of the processes required for this are globally integrated into the business divisions, where our banking operations are located, but have their own independent reporting lines. This mode of operating is a key element of our organizational and leadership culture that has proven to be successful over many years.
The central infrastructure area comprises the corporate center departments Finance, Legal & Compliance, Audit, Tax, Risk, Investor Relations, Treasury, Communications & Corporate Social Responsibility, Human Resources, Group Strategy, Corporate Insurance and DB Research.